When there is a takeover, a merger or any other event that affects the shares owned by shareholders, MX will change the deliverable to reflect what shareholders would receive. For example: Stock XYZ gets taken over by company MNO. They announce that shareholders of XYZ will receive 50 shares of MNO for every 100 shares of XYZ they own. If you own 1 XYZ call and if you were to exercise it, you would receive what the holder of 100 shares of XYZ is entitled to receive, i.e. 50 shares of MNO.

Motivation: Chrysler execs got about $60 million in personal profit. Daimler bought Chrysler, doubling their profits (temporarily). They reportedly siphoned off Chrysler profits via accounting tricks in order to make Mercedes look more profitable, and provide an excuse to eliminate Chrysler.Daimler got Chrysler's $8 billion war chest. One UAW and one German union rep on the new board. Only two Chrysler reps on the board left from original four.Mercedes runs the show. See similar questions...

An option's deliverable in the case of an election merger is usually adjusted based on the merger consideration, which accrues to non-electing shareholders. If call option holders do not wish to receive the non-electing consideration after the contract adjustment, they must exercise in advance of the election deadline. And as shareholders, they must elect pursuant to the election procedures described in the proxy statement/prospectus. See similar questions...

When there is a stock split, MX will generally do two things: it will increase the number of contracts outstanding and it will cut the strike prices of these options. For example: If stock ABC announces a split of 2 for 1 and you own one call (representing 100 shares) with a strike price of $50, MX will credit your account with two calls (representing 200 shares) and it will reduce the strike price of those calls from $50 to $25. There is no beneficial change to the holder of the calls. See similar questions...

the conclusion of a Workers' compensation case, the judge will close the record in the case and direct the parties to submit proposed findings of fact and conclusions of law. The proposed findings summarize the evidence, the legal conclusions that follow from the evidence and the remedy that the parties wish to achieve. The parties may also submit a written brief in which they argue for their respective positions. See similar questions...

I received today a notice of entry of order re: discharge of my bankruptcy (Ch13) for failure to make timely payments. I have missed two payments and I'm in my fourth year of paying. All payments to the secured creditor and IRS have been made but payments were still being paid to unsecured creditors. See similar questions...

No. The Administration is devoting its full efforts to discussing issues with Tenet and the Commonwealth of Pennsylvania. If the Administration can reach agreement with those two parties on their relationship with the University after the merger, and if that agreement is acceptable to the Drexel trustees, then there is every reason to believe that the merger would occur. If such an agreement cannot be reached, then merger will not occur, and at that point planning will begin for disengagement. See similar questions...

The case comes in one color (silver/gray). HDPE is a material that does not lend itself to paint, and we make no claims to such. That said, customers have been known to receive satisfactory results by utilizing a professional paint source (i.e., auto-body shop). We recommend you consult a professional before attempting to paint your Autolinx case. See similar questions...

A takeover bid allows one company to take over another company. Certain pre-requisites apply before this is possible. See similar questions...

I was wondering if there is an industry standard to how options holdings are adjusted to reflect a stock split or stock dividend on the underlying security. See similar questions...

The staff of the Family Protection Department investigates the reported case socially (social workers), medically (forensic medicine) and psychologically (when required). The results of the initial investigation are discussed with partners through a preliminary case conference and the decision is made to whether the case requires immediate protection service or not. See similar questions...

Force majeur, Earthquakes, flood, atomic accidents ore even simple cold can happen. We are intensively improving our logistic to prevent this :-).? If this extremely unlikely situation happens, you are welcome to choose alternative lady or contact us for immediate refund. See similar questions...

Therefore links are most likely NOT broken. If it happens that you get this error page during multiple tries, please contact me. Otherwise, please just try again later. See similar questions...

There are numerous options you can get for the Storm Case line. We are constantly updating our offerings to meet the market demands; and if you see anything that is not available from the below list, please contact us. Manual valve with 180° on/off operation that won't unscrew from the case. Black only. Installation charge may apply. Black interior, water-resistant, PVC coated, denier nylon fabric cushioning system with movable dividers for customization. See similar questions...

If the student can wait until the health center is open, we will see them for treatment through one of our clinics. If needed, students should be directed to local walk-in clinics for non-emergency care. They are less expensive and the waiting time is generally shorter than emergency room services. In the case of a real medical emergency, students are directed to call 911 or go to the nearest hospital emergency room. See similar questions...

If the defendant is sentenced by the judge, he/she may be directed to attend domestic violence counseling, receive probation and or a jail sentence. The judge may also order the defendant to have "no contact with the victim" or "no violent contact with the victim". If a judge orders no contact with the victim but the defendant violates that order, he/she may be sentenced to jail. See similar questions...

Most of the animals we encounter are not threatening in any way. Part of each week is an introduction for all students in Cougar and Bear Awareness, and proper response to encounters. We have had rare sightings (that were all non-threatening) at our camps, and consider our awareness to be our most powerful tool in dealing appropriately with these encounters. See similar questions...

When an employee retires from the university and either the subscriber or dependent are age 65 or older, Medicare becomes primary. This means the employee's state-sponsored insurance plan will become secondary to Medicare. If an employee has not enrolled in both parts of Medicare, it is important to do so at that time. Visit Medicare's web site for more information on coverage, costs, and enrollment, or call 1.800.633.4227. See similar questions...

Subject to certain exceptions, each Macromedia stock option that is outstanding and unexercised immediately prior to the closing will be converted into an option to purchase Adobe common stock. See similar questions...